LYC 0.23% $6.39 lynas rare earths limited

Yes Jim,Sonce 10:35 this morning, price has been tightly...

  1. 169 Posts.
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    Yes Jim,
    Sonce 10:35 this morning, price has been tightly controlled.
    I think they are trying to bore the day traders out of the market like they did from 14-25 March by keeping the price in a very narrow range. This also prolongs the tension for the long term holders.
    My question is why? Is it to give the shorters time to get out or preparation for another downward push to scare some more LT holders out of their shares (assuming that there is ample supply being lent out).
 
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